• paf0@lemmy.worldOP
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    5 hours ago

    It would be real money if the federal reserve issued it. Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

    • Passerby6497@lemmy.world
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      5 hours ago

      It would be real money if the federal reserve issued it.

      No, as you said, its a stable coin backed by real money.

      Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

      Cash transactions can easily be reversed, unlike blockchain, but nice bait.

      • prole@lemmy.blahaj.zone
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        2 hours ago

        Cash transactions can easily be reversed, unlike blockchain, but nice bait.

        Literally the opposite is true…